Boston, MA, USA
3 days ago
Business Banking Portfolio Manager I

The VP Business Banking Portfolio Manager reports to the Corporate Credit division; works with Business Bankers and Commercial Credit to maintain high quality credit administration and risk management for the Business Banking portfolio. The PM will assist a Business Banker and/or self-manage the portfolio business banking loans with total exposures between $500,000 and $3,000,000, including both C&I and CRE loans. The PM will also assist in the underwriting, administration and structuring of new and existing business.

Responsibilities include, but are not limited to the following: 

Tracking of Financial Reporting and Covenant, Loan renewal, and Risk mitigation strategies Facilitate commercial loan underwriting and renewals  New loan commitment letters and the approvals of pre-closing conditions Loan advances management and approvals  Credit Risk Review Liaison Client Interaction / Customer Support 

Qualifications: 

Bachelors degree required Formal credit training or prior comparable work experience 7-10 years relevant prior experience  Demonstrated experience, knowledge and judgment with structure, credit decisions and analysis  Able to grasp and understand C&I and CRE concepts and structures  Able to coach and mentor business bankers on credit skills Work independently with limited supervision  Able to prepare comprehensive, cohesive, detailed written analysis and narrative
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